Bookkeeping services is the process of keeping records of financial transactions and preparing financial statements, such as balance sheets and income statements. In day-to-day operations, a bookkeeper would make sure employees are filing invoices and expenses correctly and handling payroll.
Bookkeeping Services In South Africa
The Bookkeeping Company
The Bookkeeping Company, Cape Town are Professional Bookkeepers, Accountants, business consultants, mentors, teachers. Here for you as a support system. Here to help. Cherine, that’s me I own and manage The Bookkeeping Company. I have 27 years experience working for and with many companies. Gaining valuable experience in different industries which I love to share.
We offer a full-function cloud accounting Business Consultant and Bookkeeping service. From Company Registrations to Financial Statements. From Cash-flow to management accounts and everything in between.
Supporting and helping with the planning of start-ups, small-medium entrepreneurs. Helping growing businesses grow profitably.
The Business resources page is, where you will find all the tools I use on a daily basis, which will assist and help you in your business. We update it regularly, subscribe to our newsletter and we will update you when we have something new.
Helping people is what we do. If we do not have the service you are looking for, we most surely know someone we can recommend, so ask and we will try our best to help you.
Monthly Accounting & Bookkeeping Services
At BMS we know that running your business is a full-time exercise and that you don’t always have the time or want to worry about your monthly accounting. We take of that for you, so that you can optimize your business growth.
We prepare your monthly accounts from various source documents such as customer invoices, supplier invoices, and bank statements and provide you with a set of monthly management accounts. Your information is captured in Sage Pastel Partner. Once all source documents have been captured, we will furnish you with a full set of financial reports.
We believe that every client is different and therefore their needs are different and that’s why we tailor-make a solution for each of our clients.
Contact us for a tailor-made solution for your business.
How much does a bookkeeper charge in South Africa?
The fee charged for monthly bookkeeping of a simple business is on average R3,073 (R418 per hour). Dependent on the size of the client, the total costs can amount to R100,000 but can be as little as R150.
What services are offered by bookkeepers in South Africa ?
What Does a Bookkeeper Do?
Record financial transactions.
Reconcile bank accounts.
Manage bank feeds.
Handle accounts receivable.
Handle accounts payable.
Work with your tax preparer and assist with tax compliance.
Prepare financial statements.
Take on some payroll and human resource functions.
What does a bookkeeper do in South Africa?
The bookkeeper is responsible for ensuring all transactions are recorded in the correct daybook, suppliers ledger, customer ledger and general ledger. The bookkeeper brings the books to the trial balance stage.
What are standard bookkeeping services in South Africa?
Bookkeeping services is the process of keeping records of financial transactions and preparing financial statements, such as balance sheets and income statements.
Bookkeeping
Payroll and employment taxes.
Sales and purchases.
Expenses.
Bank statements.
Profit and loss statements.
Cash flow analysis.
What can a bookkeeper not do in South Africa?
A Bookkeeper (who is not a registered agent) can process the system but cannot design, approve, or review the system in a manner that the client is ‘relying’ on the unregistered Bookkeeper.